NOT LISTED FOR SALE

1661 63rd-Street-w Chanhassen, MN 55331

Estimated Value: $810,607 - $1,011,000

0.34 Acre
$2,759,271 Price per Acre
14,810 Sq Ft Lot

Last Sold September 06, 2012

Last sale price $90,000

Est. 942% increase in value since last sale

Current estimated payment $5,655/month

46 Days on Market

Highlights

  • Property is near public transit
  • Landscaped with Trees
  • 3-minute walk to Pleasant Hill Park
  • Excelsior Elementary School Rated A
  • Agricultural

About This Lot

As of September 2012

Great location. Semi wooded walkout lot with back yard privacy. Located walking distance to Lake Minnetonka & downtown Excelsior. Minnetonka School ZDistrict-Open Builder.

Last Agent to Sell the Property

Lisa Ranum

Century 21 Premier Group Listed on: 07/13/2012

Last Buyer's Agent

Melissa Vilett

Edina Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,350

Lot Details

  • 0.34 Acre Lot
  • Landscaped with Trees
  • Finished Lot(s)

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Property is near public transit
  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 254150011

Property Details

Property Type

Land

Est. Annual Taxes

$8,350

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Assessment Balance: 1000
  • Assessments: Yes
  • Parcel Number: 254150011
  • Projected Closed Date: 09/07/2012
  • Taxes With Assessments: 2226
  • Estimated Number of Acres: 0.34
  • Additional Information: Abstract
  • Development Status: Finished Lot
  • Land Improvements: Paved
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • On Site Utilities: Cable Tv, City Water, Electric, Natural Gas, Telephone

Schools

  • School District: Minnetonka #276

Lot Info

  • Lot/Land Description: Pub. Trans (w/In 6 Blks), Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2013
Sold by
D W Lutterman Inc
Bought by
He Yunsha and Chen Ying
Current Estimated Value
$938,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,500
Outstanding Balance
$277,624
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$660,528

Purchase Details

Listed on
Jul 13, 2012
Closed on
Sep 5, 2012
Sold by
Cherry Homes Inc
Bought by
D W Lutterman Inc
Seller's Agent
Lisa Ranum
Century 21 Premier Group
Buyer's Agent
Melissa Vilett
Edina Realty, Inc.
List Price
$100,000
Sold Price
$90,000
Premium/Discount to List
-$10,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.55%
Original Mortgage
$295,640
Interest Rate
3.48%
Mortgage Type
Construction

Purchase Details

Closed on
May 18, 2009
Sold by
Integra Homes Inc
Bought by
Cherry Homes Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
He Yunsha $494,436 Carver County Abstract & Tit
D W Lutterman Inc $90,000 Carver County Abstract & Ti
Cherry Homes Inc $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open He Yunsha $395,500
Previous Owner D W Lutterman Inc $295,640
Closed Cherry Homes Inc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2012 09/06/12 Sold $90,000 -10.0% --
08/28/2012 08/28/12 Pending -- -- --
07/13/2012 07/13/12 For Sale $100,000 -- --
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,350 $753,200 $175,800 $577,400
2024 $8,324 $738,900 $161,500 $577,400
2023 $8,196 $755,800 $161,500 $594,300
2022 $7,620 $749,100 $144,000 $605,100
2021 $7,364 $613,600 $106,500 $507,100
2020 $7,394 $605,600 $106,500 $499,100
2019 $7,068 $574,400 $101,400 $473,000
2018 $6,394 $574,400 $101,400 $473,000
2017 $6,768 $522,800 $92,200 $430,600
2016 $6,940 $549,600 $0 $0
2015 $4,226 $544,800 $0 $0
2014 $4,226 $316,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4380878

REALTOR® Association of Southern Minnesota

APN: 25.4150011